Newspaper article The Florida Times Union

First Coast, Ireland Forge Connection; the Agreement Is an Effort to Help Facilitate Business Development

Newspaper article The Florida Times Union

First Coast, Ireland Forge Connection; the Agreement Is an Effort to Help Facilitate Business Development

Article excerpt

Byline: DAVID BAUERLEIN

The next time an Irish business delegation visits Northeast Florida, the visitors will find their own office waiting for them at the Jacksonville Economic Development Commission.

The city provided the office space Wednesday as part of an agreement between Northeast Florida and the Atlantic Way region of Ireland, which plays an important and growing role in Jacksonville's economy.

Atlantic Way is an economic development organization similar to Cornerstone, the seven-county economic development arm of the Jacksonville Regional Chamber of Commerce. Atlantic Way's major cities are Shannon, Limerick and Galway. The organization covers a region similar in size and population to Northeast Florida.

The memorandum of understanding signed by Atlantic Way, Cornerstone President Jerry Mallot, Mayor John Peyton and City Council President Jack Webb does not entail any financial obligations. Instead, it pledges to foster a "mutual working relationship."

Northeast Florida companies interested in expansion in Europe would be able to tap into the partnership for information about the Atlantic Way. In the same vein, Atlantic Way companies eyeing the United States could look to Northeast Florida, making the relationship a two-way street, said Mike Breen, director of Cornerstone's international department.

"It's the ease of access for networking and contacts," said Atlantic Way Chairman Brian O'Connell.

Ireland's business-friendly policies and low corporate taxes captured global attention when its economy boomed with the growth of pharmaceutical, medical device, financial and high-tech companies. Vistakon, the Jacksonville-based contact lens subsidiary of Johnson & Johnson, has a manufacturing plant in Limerick. Medtronic, which is headquartered in Minneapolis, Minn., counts Jacksonville and Galway among its worldwide locations. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.